Navy

Can We Recover Our Money?

by Bill O'Connell on July 9, 2009

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$18 Million for This?

$18 million folks, that’s how much the federal government is going to spend to improve the web site that tells us how they are spending the stimulus money. $18 million. They will be spending $9.5 through January, and another $8.5 million through 2014.  I don’t need a calendar nor a calculator to figure out that’s five years from now.  Are they trying to tell us now that this recession is going to last five years?

Stagnant Stimulus

If we remember President Obama and Vice President Biden telling us how urgently we needed the stimulus package and that there was no time to waste to avert a catastrophe.  Right now the unemployment rate with the stimulus is higher than they told us it would be if they did NOTHING.

Less than 10% of the stimulus money has been spent with most of it being transfers to state and local government.  The economy is showing signs of turning around on its own, and I say that because with such a small percentage of the stimulus having been spent it contributed little to the improving conditions.  So naturally, the political class is starting to talk about another stimulus package.  You would almost think that they wanted to drag this out.

Reminiscent of Roosevelt

Through the Great Depression, the steps that Roosevelt took didn’t turn the economy around.  Unemployment remained high until World War II absorbed every able bodied man into the armed forces.  Yet Roosevelt was elected to four terms in office.  Why?  The first three terms were through the Depression.  Although Roosevelt’s policies didn’t work, he knew how to communicate on a personal level.  He held “fireside chats.”  He, through the radio, came into people’s living rooms and soothingly assured them that we have nothing to fear but fear itself.  Trust Roosevelt, he will take care of us, he will see us through.

President Obama’s personal approval ratings continue to fly high, even as the wreckage of almost every campaign promise is strewn around the countryside.  He is certainly likable and his election is historic, but will that be enough to carry him as his inexperience is laid bare at every turn.  But, as the former governor of New York and Secretary of the Navy, Roosevelt had executive experience.  Obama brought no executive experience with him.

Czars Aplenty

So who is running the government?  Obama had 16-18 Czars, depending on who is counting, who are not vetted by the Senate like Cabinet Secretaries and a host of other appointees are.  So where are the checks and balances?  Even Robert Byrd is concerned that the may be violating the Constitution.  If this weren’t so serious, you would think it was a pilot for a sitcom.  What aspect of this administration is not out of control?  Let’s hope we can all survive long enough to make it back to the voting booth.

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Obama Watch — Week 4

by Bill O'Connell on December 1, 2008

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Here’s where we are four weeks after the election:

  1. Appointments — With the Thanksgiving shortened week, it was mostly packaging of the previously announced appointments.  Monday was going to be the big day, with the formal announcement of Hillary and Holder.  They had to get Bill Clinton’s ducks in a row, and have him measured for a leash.
  2. Dow Jones Industrial AverageUp 675 points. Team Obama finally got a win.  One of the reasons is that Obama has stopped talking about eliminating the Bush tax cuts early, but letting them expire in 2010.  Also, he seems to be assembling an experienced economic team, well known to Wall Street, which doesn’t hurt.
  3. The New Leader – Obama has answered critics who say the team he is assembling looks a lot like the old Clinton White House, by saying that they are “Experienced, Yet Fresh.”  He is facing grumblings on his left, which brings into question how is he going to keep this team of wild horses under control?

The Challenge for Obama

Where is Obama’s base of support?  Where can he fall back on for strength?  He may well be pulling together a team of experienced hands for the various departments, but not all of them are cut from the same mold and there will be some tugging and pulling.  How does he keep them in check and how does he get them back in line?  In other words, where are his reinforcements?

In another post, I mention how past presidents, most of whom had executive experience as governors, brought some of their loyal people with them.  These were people who believed in their candidate and had been with him for a number of years.  That loyalty can be called in, like chits, when you need to win a battle.

It took Johnson a while, about two years, to get his people in the administration since he had inherited the Kennedy team when he ascended to the presidency, but he did have eleven years in the House and twelve years in the Senate, including six years as Senate Majority Leader.  So he had a lot of markers to call in if he needed them.

Kennedy was probably closest to Obama in lack of experience including no executive experience outside of the Navy, but he did have eight years in the Senate.  In addition, he had Papa Joe Kennedy, who had many strings of his own including being a former Ambassador to England; he had his own blood brother as Attorney General; and another brother Ted would be elected to the Senate two years later.  So while Jack Kennedy may not personally have had a lot of pull, his family had plenty.

Nixon was a former two term Vice President.  Ford had been House Minority Leader.  Carter had been governor and was able to bring some of his former team with him, as was  Reagan who had served two terms as governor of California, and Bill Clinton who was both Attorney General and Governor of Arkansas.  George Bush Senior was Vice President, and George W. was governor of Texas.  They all had many connections and a lot of political IOUs.

But what does Barack Obama do, after the glow of history is replaced by the hard work of governing?  It is more likely that Barack Obama wrote a lot of political IOUs rather than him holding them.  Many of his confidents uncovered during the campaign, turned out to be less than appealing to the nation as a whole.  When the going gets tough, who’s going to have Barack Obama’s back?  Who can he turn to and say, I need this one and because of thus and so, without having to say it, you owe me?  He has very little history with his team.  So when he needs a favor, he will have to deal almost from the get go.  Whose career has he made, such that he can ask for payback?

Experience Counts

Experience counts not just in knowing how to do a job, but it also counts in terms of who you know.  Rarely in our history has there been someone who has so little experience inside or outside the beltway.  This may well result in a very weak president.  For all of our sakes, I hope I am wrong.

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